SOLD
Icer Properties Acquires Multifamily Asset In Atlanta, GA For $43.5M
2909 Campbellton Road Southwest
MultiFamily
Sold 1 year ago
Summary
Sale
GEORGIA
MultiFamily
The multifamily property located at 2909 Campbellton Rd. SW in Atlanta, GA has been sold. The transaction took place on 01/25/2022 and the property was sold by Olive Tree Investments. The buyer, Icer Properties represented by Joseph Jemal, acquired the property for a sale price of $43,500,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $43,500,500
- Address: 2909 Campbellton Rd. SW, Atlanta, GA
- Market: Atlanta, GA
The sale involved a total of 375 units, with an average price per unit (PPU) of $116,001. The property spans a total area of 350,000 square feet, resulting in a price per square foot (PPSF) of $124. The transaction was facilitated by brokers Steven Vegh and Phil Goldstein of Westwood Realty Associates.
Players
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5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Steven Vegh, Joseph Jemal & Phil Goldstein
DATE: 01/25/2022
ADDRESS: 2909 Campbellton Rd. SW
MARKET: Atlanta, GA
ASSET TYPE: Multifamily
BUYER: Icer Properties - Joseph Jemal
SELLER: Olive Tree Investments
BROKERS: Steven Vegh (@StevenVegh) & Phil Goldstein (@Phil_goldstein_84) - Westwood Realty Associates
SALE PRICE: $43,500,500
UNITS: 375 ~ PPU: $116,001
SF: 350,000 ~ PPSF: $124View on map
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Address2909 Campbellton Road Southwest
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